68-503. DIVERSIFICATION. A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.
History:
[68-503, added 1997, ch. 14, sec. 2, p. 16.]
Structure Idaho Code
Title 68 - TRUSTS AND FIDUCIARIES
Chapter 5 - UNIFORM PRUDENT INVESTOR ACT
Section 68-501 - PRUDENT INVESTOR RULE.
Section 68-502 - STANDARD OF CARE — PORTFOLIO STRATEGY — RISK AND RETURN OBJECTIVES.
Section 68-503 - DIVERSIFICATION.
Section 68-504 - DUTIES AT INCEPTION OF TRUSTEESHIP.
Section 68-506 - IMPARTIALITY.
Section 68-507 - INVESTMENT COSTS.
Section 68-508 - REVIEWING COMPLIANCE.
Section 68-509 - DELEGATION OF INVESTMENT AND MANAGEMENT FUNCTIONS.
Section 68-510 - LANGUAGE INVOKING STANDARD OF ACT.
Section 68-511 - APPLICATION TO EXISTING TRUSTS.
Section 68-512 - UNIFORMITY OF APPLICATION AND CONSTRUCTION.